Limitation on Secured Indebtedness. The Borrower shall maintain during each Fiscal Quarter on a consolidated basis a ratio, expressed as a percentage, of (a) total Secured Indebtedness (including, without limitation, Obligations and all Capitalized Lease Obligations) of the Borrower and its 45
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Samples: Second Supplemental Credit Agreement (Hospitality Properties Trust)
Limitation on Secured Indebtedness. The Borrower shall maintain during each Fiscal Quarter on a consolidated basis a ratio, expressed as a percentage, ratio of (a) total Secured Indebtedness (including, without limitation, Obligations and all Capitalized Lease Obligations) of the Borrower and its 45Subsidiaries to (b) Total Assets of the Borrower and its Subsidiaries not in excess of 1:2.
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Limitation on Secured Indebtedness. The Borrower shall maintain ---------------------------------- during each Fiscal Quarter on a consolidated basis a ratio, expressed as a percentage, of (a) total Secured Indebtedness (including, without limitationlimita tion, Obligations and all Capitalized Lease Obligations) of the Borrower and its 45Subsidiaries to (b) Total Assets of the Borrower and its Subsidiaries not in excess of fifty-six percent (56%).
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Limitation on Secured Indebtedness. The Borrower shall maintain during each Fiscal Quarter on a consolidated basis a ratio, expressed as a percentage, of (a) total Secured Indebtedness (including, without limitation, Obligations and all Capitalized Lease Obligations) of the Borrower and its 45Subsidiaries to (b) Total Assets of the Borrower and its Subsidiaries not in excess of fifty-six percent (56%).
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Samples: First Supplemental Credit Agreement (Hospitality Properties Trust)
Limitation on Secured Indebtedness. The Borrower shall maintain ---------------------------------- during each Fiscal Quarter on a consolidated basis a ratio, expressed as a percentage, ratio of (a) total Secured Indebtedness (including, without limitation, Obligations and all Capitalized Lease Obligations) of the Borrower and its 45Subsidiaries to (b) Total Assets of the Borrower and its Subsidiaries not in excess of 1:2.
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